Wages
Wages are the largest component of staffing cost. They depend on the role's skill level, location and market rates.
Statutory Contributions
Employer contributions to PF, ESI and other statutory obligations add to the cost. These are legally required and must be budgeted.
Admin & Management
Admin costs include recruitment, onboarding, payroll processing, supervision and compliance management. These are often hidden in in-house hiring.
Agency Fees
Agency fees cover sourcing, screening, payroll and compliance. Compare fees against the admin cost you'd otherwise bear in-house.
Budgeting
Budget across wages, statutory contributions, admin and agency fees. Transparent agencies provide itemised billing so you know exactly what you pay for.
Ranjeet Acharya
Founder, Acharya Enterprises
Ranjeet Acharya shares practical insights on manpower supply, staffing and recruitment to help employers build stronger, more compliant workforces.
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